Domino’s Pizza, Inc. (NYSE:DPZ) Shares Acquired by Capital Insight Partners LLC

Capital Insight Partners LLC raised its stake in Domino’s Pizza, Inc. (NYSE:DPZ) by 26.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,526 shares of the restaurant operator’s stock after buying an additional 321 shares during the quarter. Capital Insight Partners LLC’s holdings in Domino’s Pizza were worth $656,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Brookstone Capital Management raised its position in shares of Domino’s Pizza by 5.1% during the 3rd quarter. Brookstone Capital Management now owns 5,571 shares of the restaurant operator’s stock worth $2,396,000 after buying an additional 269 shares in the last quarter. Mather Group LLC. increased its position in shares of Domino’s Pizza by 5.7% in the third quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock worth $294,000 after acquiring an additional 37 shares in the last quarter. Fulton Bank N.A. grew its position in Domino’s Pizza by 31.6% during the 3rd quarter. Fulton Bank N.A. now owns 720 shares of the restaurant operator’s stock worth $310,000 after purchasing an additional 173 shares in the last quarter. Value Partners Investments Inc. acquired a new position in Domino’s Pizza during the third quarter valued at $717,000. Finally, Miracle Mile Advisors LLC acquired a new position in shares of Domino’s Pizza in the 3rd quarter valued at about $249,000. Institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the subject of a number of research reports. Bank of America lifted their target price on shares of Domino’s Pizza from $577.00 to $582.00 and gave the company a “buy” rating in a research note on Friday, October 4th. BMO Capital Markets lowered their target price on Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 11th. TD Cowen cut their price target on Domino’s Pizza from $520.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, September 16th. Robert W. Baird lowered their price target on Domino’s Pizza from $580.00 to $535.00 and set an “outperform” rating for the company in a research note on Thursday, September 12th. Finally, Oppenheimer cut their price objective on shares of Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, September 6th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $504.03.

Domino’s Pizza Stock Down 0.7 %

DPZ traded down $3.00 during trading on Thursday, hitting $410.20. The company’s stock had a trading volume of 1,604,185 shares, compared to its average volume of 609,236. The stock has a market capitalization of $14.31 billion, a price-to-earnings ratio of 26.94, a price-to-earnings-growth ratio of 2.21 and a beta of 0.86. The firm’s 50 day moving average price is $421.97 and its two-hundred day moving average price is $470.24. Domino’s Pizza, Inc. has a 12 month low of $332.13 and a 12 month high of $542.75.

Domino’s Pizza (NYSE:DPZ) last issued its quarterly earnings data on Thursday, July 18th. The restaurant operator reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.35. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.10 billion. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. Domino’s Pizza’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.08 EPS. On average, sell-side analysts forecast that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $1.51 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.47%. Domino’s Pizza’s dividend payout ratio is currently 39.43%.

Domino’s Pizza Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.